HARRY HUGHES, Governor

2017

Approved May 20, 1980.

CHAPTER 555

(Senate Bill 346)

AN ACT concerning

State Lottery - State Lottery Fund

FOR the purpose of changing the time of payment of the
State's share of lottery revenues into the general fund
of the State beginning with a certain fiscal year so
that the State's share accumulated in the Fund shall be
transferred to the general fund on a monthly basis and
that the State share shall be available as general fund
revenues in the fiscal year in which it is accumulated.

BY repealing and reenacting, with amendments,

Article 88D - State Lottery

Section 20(c)

Annotated Code of Maryland

(1978 Replacement Volume and 1979 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article 88D - State Lottery

20.

(c) For THE fiscal [years 1978, 1979, 1980, and 1981,
AND 1982 only] YEAR ENDED JUNE 30, 1980 AND EACH FISCAL
YEAR THEREAFTER, the State's share shall be accumulated in
the fund on a monthly basis and each month's share shall be
paid over promptly after the first of each month for the
preceding month into the General Fund of the State. These
moneys shall be available as general fund revenues in
{-fiscal years 1978, 1979, 1980, and 1981, AND 1982 in which
accumulated. In the fiscal year 1982 1983 no lottery
revenues shall be placed in the General Fund of the State.
In the fiscal year 1983 1984 and each fiscal year thereafter
the State's share shall be accumulated in the fund on a
fiscal year basis and each twelve-month's share shall be
placed in the General Fund of the State for the next fiscal
year] THE FISCAL YEAR IN WHICH THEY ACCUMULATED IN THE
FUND.

SECTION 2. AND BE IT FURTHER ENACTED, That this Act
shall take effect June 1, 1980.